Jim White Community Fitness Foundation

Analysis

Jim White Community Fitness Foundation is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jim White Community Fitness Foundation reported income of $97k and spending of $57k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $97k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jim White Community Fitness Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Mercer United FC Inc ($97k), Club 420 Association Inc ($97k) and Radnor Youth Lacrosse ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 132% of the total. At year end it held assets of $141k against liabilities of $1,894, net assets of $139k.